News
News
The acquisition of Montpelier Re could mean that Endurance will generate substantial annual cost synergies of more than $60 million. 2 April 2015
Insurance
US specialty insurer RLI is “off to an excellent start in 2018” with a 91 combined ratio and continued strong organic growth across much of the product portfolio, CEO Jonathan Michael commented the first quarter 2018 results. 19 April 2018
Insurance
Bermuda-based AXIS Capital Holdings has hired a senior executive from Gen Re to expand AXIS Re’s Canadian market business and establish new partnerships in the region. 30 January 2019
Insurance
Nexus Group is eyeing future M&A deals to diversify and strengthen its managing general agency (MGA) portfolio after its recent acquisition and rebrand of a reinsurance treaty MGA from ZON Re, which it renamed Nexus Re, founder and executive chairman Colin Thompson told Monte Carlo Today. 13 September 2017
Insurance
Two industry stalwarts, formerly of Willis Re and Maxfield Risk Consulting, have teamed up to create a more diverse and technologically aligned insurance industry with the launch of a fresh thinking re/insurance broker. 6 February 2020
Insurance
ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has appointed Michael Scala as chief underwriting officer, Asia Pacific. 9 October 2018
Insurance
The UK government plans to raise the insurance premium tax (IPT) from 10 percent to 12 percent, doubling the tax payable by customers on general insurance policies in the past 18 months, as revealed in the Autumn Statement. 24 November 2016
Insurance
Bermuda-based Arch Capital Group (ACGL) has promoted president and chief operating officer (COO) Marc Grandisson to the position of CEO, replacing Constantine Iordanou. 19 March 2018
Insurance
Swiss Re has appointed Claudia Cordioli to lead its reinsurance business in Western and Southern Europe. 27 March 2018
Insurance
Artificial intelligence (AI) is much discussed in the insurance industry but it is often in the context of small-scale projects, pilots or experimental phases. To make the most of the transformative potential of AI and associated systems such as robotic process automation (RPA), insurers need to bite the bullet and move towards a more integrated approach. 25 June 2021
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